‘Lockbit’ digital gang named top ransomware threat by US, 6 other nations
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The United States and six other countries on Wednesday identified the digital extortion gang operating under the "Lockbit" banner as the world's top ransomware threat.In a joint advisory, U.S., Canadian, British, French, German, Australian and New Zealand cyber authorities said Lockbit's extortion software, used to scramble victims' data until a ransom is paid, was the most broadly used by cybercriminals. "In 2022, LockBit was the most deployed ransomware variant across the world and continues to be prolific in 2023," the advisory said, adding that the gang and its affiliates "have negatively impacted organizations, both large and small, across the world." Ransomware has been an online threat for years and the business around it has become increasingly sophisticated. Lockbit is o...